Mercer Global Advisors Inc. ADV Acquires 22,069 Shares of Healthcare Realty Trust Incorporated (NYSE:HR)

Mercer Global Advisors Inc. ADV raised its holdings in shares of Healthcare Realty Trust Incorporated (NYSE:HR - Free Report) by 107.6% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 42,585 shares of the real estate investment trust's stock after purchasing an additional 22,069 shares during the period. Mercer Global Advisors Inc. ADV's holdings in Healthcare Realty Trust were worth $722,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also bought and sold shares of HR. Norges Bank bought a new position in Healthcare Realty Trust during the 4th quarter valued at approximately $76,825,000. Lasalle Investment Management Securities LLC purchased a new position in shares of Healthcare Realty Trust during the 4th quarter worth approximately $31,398,000. Northern Trust Corp grew its holdings in shares of Healthcare Realty Trust by 40.3% during the 4th quarter. Northern Trust Corp now owns 4,040,969 shares of the real estate investment trust's stock worth $68,494,000 after acquiring an additional 1,159,763 shares during the period. Candriam S.C.A. grew its holdings in shares of Healthcare Realty Trust by 201.4% during the 4th quarter. Candriam S.C.A. now owns 1,729,651 shares of the real estate investment trust's stock worth $29,318,000 after acquiring an additional 1,155,745 shares during the period. Finally, Sumitomo Mitsui Trust Group Inc. grew its holdings in shares of Healthcare Realty Trust by 289.5% during the 4th quarter. Sumitomo Mitsui Trust Group Inc. now owns 1,552,109 shares of the real estate investment trust's stock worth $26,308,000 after acquiring an additional 1,153,657 shares during the period.

Healthcare Realty Trust Stock Up 0.3%

Healthcare Realty Trust stock opened at $15.36 on Monday. The company has a market capitalization of $5.39 billion, a P/E ratio of -8.63 and a beta of 0.92. The stock's 50 day moving average is $16.03 and its 200 day moving average is $16.72. Healthcare Realty Trust Incorporated has a twelve month low of $14.53 and a twelve month high of $18.90.

Healthcare Realty Trust (NYSE:HR - Get Free Report) last posted its quarterly earnings results on Thursday, May 1st. The real estate investment trust reported $0.39 earnings per share for the quarter, hitting the consensus estimate of $0.39. The company had revenue of $288.86 million for the quarter, compared to the consensus estimate of $297.39 million. Healthcare Realty Trust had a negative return on equity of 11.20% and a negative net margin of 51.60%. The firm's quarterly revenue was down 9.2% compared to the same quarter last year. During the same quarter in the prior year, the business posted $0.39 EPS. As a group, equities analysts expect that Healthcare Realty Trust Incorporated will post 1.59 EPS for the current year.

Healthcare Realty Trust Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Friday, May 23rd. Shareholders of record on Monday, May 12th will be paid a dividend of $0.31 per share. The ex-dividend date is Monday, May 12th. This represents a $1.24 annualized dividend and a yield of 8.07%. Healthcare Realty Trust's dividend payout ratio is -113.76%.

Analyst Upgrades and Downgrades

A number of research analysts have weighed in on HR shares. StockNews.com upgraded Healthcare Realty Trust from a "sell" rating to a "hold" rating in a report on Thursday. Wells Fargo & Company reduced their target price on Healthcare Realty Trust from $17.00 to $16.00 and set an "underweight" rating on the stock in a report on Monday, March 10th. Scotiabank reduced their target price on Healthcare Realty Trust from $18.00 to $17.00 and set a "sector perform" rating on the stock in a report on Tuesday, February 25th. Finally, Wedbush reduced their target price on Healthcare Realty Trust from $18.00 to $16.00 and set a "neutral" rating on the stock in a report on Monday, May 5th. One analyst has rated the stock with a sell rating and five have issued a hold rating to the company. According to MarketBeat.com, the stock presently has an average rating of "Hold" and a consensus price target of $17.00.

Healthcare Realty Trust Company Profile

Healthcare Realty Trust, Inc provides real estate investment services. It owns, leases, manages, acquires, finances, develops, and redevelops income-producing real estate properties associated primarily with the delivery of outpatient healthcare services throughout the United States of America. The company was founded by David R.

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